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In 2014, Watch Shop was acquired by the UK's largest luxury jeweller, Aurum Holdings. Since then, it has grown to become recognised as 'Britain's leading independent online watch retailer.' (See 'The Telegraph')
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{{Infobox company
{{Infobox company
| type = Private company
| name = Watch Shop
| traded_as = Watch Shop
| type = Subsidiary
| foundation = 1991
| industry = [[Retail]]
| founded = 25 July 2007 in [[Reading, Berkshire|Reading]] [[United Kingdom]]
| location_city = Reading
| hq_location_city = [[Reading | Reading, Berkshire]]
⚫
| location_country = United Kingdom
| hq_location_country = [[United Kingdom]]
| key_people = Kishore Naib
⚫
|| area_served = [[United Kingdom]]
Sham Naib
| industry = Watches
| parent = Aurum Holdings
| products = [[Watches]], [[Jewellery]], [[Sunglasses]]
| num_employees = 50
| homepage = http://www.watchshop.com
| website = www.watchshop.com
}}
}}


'''Watch Shop''' is the UK’s leading independent online watch retailer.<ref name="The Telegraph">{{cite web |url=http://www.telegraph.co.uk/travel/travelaccessories/7534229/Watchshop-Good-buy-guide.html |title=Watchshop: Good buy guide |author=Maggie O'Sullivan |publisher=The Telegraph |date=29 March 2010}}</ref> Established in 2007,<ref name="Get Reading">{{cite web |url=http://www.getreading.co.uk/news/business/fast-track-success-family-firm-4218185 |title=Fast Track success for family firm |author=David Millward |publisher=Get Reading |date=7 June 2013}}</ref>, it was acquired by the UK’s largest luxury jeweller, Aurum Holdings Ltd., in 2014.<ref name="The Scotsman">{{cite web |url=http://www.scotsman.com/business/companies/retail/monday-interview-brian-duffy-aurum-holdings-1-3620715 |title=Monday Interview: Bryan Duffy, Aurum Holdings |author=Kristy Dorsey |publisher=The Scotsman |date=1 December 2014}}</ref> It carries high-street and designer watches and jewellery<ref name="Get Reading"/> from brands including [[Raymond Weil]],<ref name="Retail Jeweller Raymond Weil">{{cite web |url=https://www.retail-jeweller.com/products/watchshopcom-teams-up-with-raymond-weil/7019354.article |title=Watchshop.com teams up with Raymond Weil |author=Siobhan Holt |publisher=Retail Jeweller |date=14 March 2017}}</ref> [[Coach, Inc.|Coach]],<ref name="GQ Coach">{{cite web |url=http://www.gq-magazine.co.uk/article/coach-launches-first-mens-watch-collection-at-watchshop |title=Coach has just entered the watch game |author=Shereen Sagoo |publisher=GQ |date=8 October 2015}}</ref> and [[Frédérique Constant]].<ref name="WatchPro Frederique Constant">{{cite web |url=http://www.watchpro.com/watch-shop-secures-month-of-exclusivity-for-frederique-constants-latest-smartwatches/ |title=Watch Shop secures month of exclusivity for Frederique Constant’s latest smartwatches |author=Rob Corder |publisher=WatchPro |date=14 March 2017}}</ref>
'''Watch Shop''' is a brand operated by Watch Shop Ltd (formerly SDK Jewellers Ltd) in the United Kingdom which sells designer watches online. SDK Jewellers was originally established in 1991 by Sham Naib, a former headteacher, and was incorporated in 2007 when the Watch Shop brand was launched by his son Kishore Naib.


==History==
Since launching online it has seen a fast growth spurt and was recorded as the 16th fastest growing UK private company in the Virgin Fast Track 100 awards.<ref>http://www.livingreading.co.uk/sdkjewellers-reading.html</ref><ref>http://www.fasttrack.co.uk/fasttrack/press/ft10-se.pdf</ref>
The company was initially registered under the name of S D K Jewellers Ltd.,<ref name="Companies House: Watch Shop">{{cite web |url=https://beta.companieshouse.gov.uk/company/06323462 |title=Watch Shop LTD |publisher=Companies House}}</ref> and launched as part of the Reading-based jewellery retailer SDK Jewellers, which was founded in 1991 by Sham Naib.<ref name="Leicester Mercury">{{cite web |url=http://www.leicestermercury.co.uk/goldsmiths-owner-acquires-country-s-watch-website/story-22217963-detail/story.html |title=Goldsmiths owner aquires online leader Watch Shop |author=Tom Pegden |publisher=Leciester Mercury |date=8 August 2014}}</ref>


Naib’s son, Kishore Naib, joined the business in 2007 and established the website www.watchshop.com.<ref name="Get Reading"/> SDK Jewellers was officially renamed Watch Shop Ltd. in January 2013.<ref name="Companies House: Watch Shop"/>
In 2009, it opened its showroom in the centre of Reading, Berkshire.{{citation needed|date=December 2011}}


In June 2011, the company launched its first TV ad campaign,<ref name=Professional Jeweller Ad Campaign>{{cite web |url=http://www.professionaljeweller.com/video-watchshop-com-launches-its-first-tv-advert/ |title=Video: Watchshop.com launches its first TV advert |publisher=Professional Jeweller |date=7 June 2011}}</ref> which aired across UK digital channels including [[ITV2]], [[E4 (TV channel)|E4]], [[More4]] and [[Sky News]].<ref name=Retail Times TV Ad>{{cite web |url=http://www.retailtimes.co.uk/watchshop-to-debut-on-tv-in-multi-channel-campaign/ |title=WatchShop to debut on TV in multi-channel campaign |author=Fiona Briggs |publisher=Retail Times |date=7 June 2011}}</ref>
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==References==
{{reflist}}
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Aurum Holdings is the UK’s largest luxury jeweller<ref name="The Scotsman"/> and owns retailers such as [[Goldsmiths (retailer)|Goldsmiths]], [[Mappin & Webb]] and [[Watches of Switzerland]]. It purchased the company in 2014.<ref name="Leicester Mercury"/>


In April 2017, the company began selling sunglasses from designer brands including [[Ray-Ban]], [[Nike, Inc.|Nike]] and [[Armani|Emporio Armani]].<ref name="Jewellery Focus">{{cite web |url=http://www.jewelleryfocus.co.uk/19020-watchshop-sunglasses-boutique |title=Watchshop.com launches sunglasses boutique |author=Shekina Tauhene |publisher=Jewellery Focus |date=25 April 2017}}</ref><ref name="Professional Jeweller">{{cite web |url=http://www.professionaljeweller.com/watchshop-steps-shopping-experience-summer-accessories/ |title=Watchshop steps up shopping experience with summer accessories |author=Stacey Hailes |publisher=Professional Jeweller |date=25 April 2017}}</ref>

===Charitable activities===
In March 2011, the company partnered with [[Casio]] to raise relief funds for the [[2011 Tohoku earthquake and tsunami]].<ref name="Professional Jeweller: Tsunami">{{cite web |url=http://www.professionaljeweller.com/watchshop-com-to-donate-to-japanese-aid-efforts/ |title=Watchshop.com to donate to Japanese aid efforts |publisher=Professional Jeweller |date=31 March 2011}}</ref>

In September 2016, the company worked with [[Guess (clothing)|Guess]] watches and the Get In Touch Foundation to raise money for [[Breast cancer awareness| Breast Cancer Awareness]].<ref name="WatchPro Guess">{{cite web |url=http://www.watchpro.com/guess-watches-teams-with-watchshop-to-support-breast-cancer-charities/ |title=Guess Watches teams with WatchShop to support breast cancer charities |author=Rob Corder |publisher=WatchPro |date=9 September 2016}}</ref>

==Cultural references==
In 2011, the company supplied [[The X Factor]] TalkBack Thames production team with Casio watches.<ref name="Internet Retailing">{{cite web |url=http://internetretailing.net/2011/03/watchshop-com-to-time-new-x-factor-auditions/ |title=WatchShop.com to time new X Factor auditions |publisher=Internet Retailing |date=4 March 2011}}</ref>

==Awards==
{|class="wikitable"
!Year
!Type of award
!Awarding body
|-
|2016
|Pureplay Top50 Ecommerce Retailers
|Online retail<ref name="Pureplay Top50">{{cite web |url=http://internetretailing.net/iruk/pureplay-top100-best-online-retailers-uk-2016/ |title=Pureplay Top 100: The best online-only retailers in the UK 2016 |publisher=Internet Retailing}}</ref>
|-
|2011
|Ranked 53 in [[Sunday Times Fast Track 100]]
|Sales<ref name="Sunday Times 2011">{{cite web |url=http://www.fasttrack.co.uk/company_profile/sdk-jewellers/ |title=Sunday Times Fast Track 100 2011 |date=2011}}</ref>
|-
|2010
|Ranked 16 in Sunday Times Fast Track 100
|Sales<ref name="Sunday Times 2010">{{cite web |url=http://www.fasttrack.co.uk/company_profile/sdk-jewellers-2/ |title=Sunday Times Fast Track 100 2010 |date=2010}}</ref>
|-
|2010
|Shopzilla Circle of Excellence Awards
|Online retail<ref name="PR Newswire Shopzilla">{{cite web |url=http://www.prnewswire.co.uk/news-releases/online-retailers-celebrate-as-shopzilla-awards-excellence-153056755.html |title=Online Retailers Celebrate as Shopzilla Awards Excellence |publisher=PR Newswire |date=16 December 2010}}</ref>
|}


⚫
==References==
{{Reflist}}


[[Category:Retail companies of the United Kingdom]]
[[Category:Companies based in Reading, Berkshire]]
[[Category:Jewellery retailers of the United Kingdom]]

Revision as of 10:42, 12 July 2017

Watch Shop
Company typeSubsidiary
IndustryRetail
Founded25 July 2007 in Reading United Kingdom
Headquarters
Reading, Berkshire
,
United Kingdom
Area served
United Kingdom
ProductsWatches, Jewellery, Sunglasses
ParentAurum Holdings
Websitewww.watchshop.com

Watch Shop is the UK’s leading independent online watch retailer.[1] Established in 2007,[2], it was acquired by the UK’s largest luxury jeweller, Aurum Holdings Ltd., in 2014.[3] It carries high-street and designer watches and jewellery[2] from brands including Raymond Weil,[4] Coach,[5] and Frédérique Constant.[6]

History

The company was initially registered under the name of S D K Jewellers Ltd.,[7] and launched as part of the Reading-based jewellery retailer SDK Jewellers, which was founded in 1991 by Sham Naib.[8]

Naib’s son, Kishore Naib, joined the business in 2007 and established the website www.watchshop.com.[2] SDK Jewellers was officially renamed Watch Shop Ltd. in January 2013.[7]

In June 2011, the company launched its first TV ad campaign,Cite error: The <ref> tag has too many names (see the help page). which aired across UK digital channels including ITV2, E4, More4 and Sky News.Cite error: The <ref> tag has too many names (see the help page).

Aurum Holdings is the UK’s largest luxury jeweller[3] and owns retailers such as Goldsmiths, Mappin & Webb and Watches of Switzerland. It purchased the company in 2014.[8]

In April 2017, the company began selling sunglasses from designer brands including Ray-Ban, Nike and Emporio Armani.[9][10]

Charitable activities

In March 2011, the company partnered with Casio to raise relief funds for the 2011 Tohoku earthquake and tsunami.[11]

In September 2016, the company worked with Guess watches and the Get In Touch Foundation to raise money for Breast Cancer Awareness.[12]

Cultural references

In 2011, the company supplied The X Factor TalkBack Thames production team with Casio watches.[13]

Awards

Year Type of award Awarding body
2016 Pureplay Top50 Ecommerce Retailers Online retail[14]
2011 Ranked 53 in Sunday Times Fast Track 100 Sales[15]
2010 Ranked 16 in Sunday Times Fast Track 100 Sales[16]
2010 Shopzilla Circle of Excellence Awards Online retail[17]


References

  1. ^ Maggie O'Sullivan (29 March 2010). "Watchshop: Good buy guide". The Telegraph.
  2. ^ a b c David Millward (7 June 2013). "Fast Track success for family firm". Get Reading.
  3. ^ a b Kristy Dorsey (1 December 2014). "Monday Interview: Bryan Duffy, Aurum Holdings". The Scotsman.
  4. ^ Siobhan Holt (14 March 2017). "Watchshop.com teams up with Raymond Weil". Retail Jeweller.
  5. ^ Shereen Sagoo (8 October 2015). "Coach has just entered the watch game". GQ.
  6. ^ Rob Corder (14 March 2017). "Watch Shop secures month of exclusivity for Frederique Constant's latest smartwatches". WatchPro.
  7. ^ a b "Watch Shop LTD". Companies House.
  8. ^ a b Tom Pegden (8 August 2014). "Goldsmiths owner aquires online leader Watch Shop". Leciester Mercury.
  9. ^ Shekina Tauhene (25 April 2017). "Watchshop.com launches sunglasses boutique". Jewellery Focus.
  10. ^ Stacey Hailes (25 April 2017). "Watchshop steps up shopping experience with summer accessories". Professional Jeweller.
  11. ^ "Watchshop.com to donate to Japanese aid efforts". Professional Jeweller. 31 March 2011.
  12. ^ Rob Corder (9 September 2016). "Guess Watches teams with WatchShop to support breast cancer charities". WatchPro.
  13. ^ "WatchShop.com to time new X Factor auditions". Internet Retailing. 4 March 2011.
  14. ^ "Pureplay Top 100: The best online-only retailers in the UK 2016". Internet Retailing.
  15. ^ "Sunday Times Fast Track 100 2011". 2011.
  16. ^ "Sunday Times Fast Track 100 2010". 2010.
  17. ^ "Online Retailers Celebrate as Shopzilla Awards Excellence". PR Newswire. 16 December 2010.
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